Monday, June 18, 2018

Affordable Housing Success Strategies

By:  Red Capital Group, LLC

A respected industry leader shares his prescription for 2018 and beyond.


The National Low Income Housing Coalition recently issued a comprehensive report on the nation’s inventory of affordable rental housing. The 2018 findings will surprise very few in the affordable housing industry: Affordable housing options are dwindling for many Americans.
Tracy Peters has some ideas that can help. Peters runs the affordable housing team at RED Capital Markets, LLC, a leading tax-exempt bond underwriter and mortgage lender. His firm has successfully financed thousands of affordable housing projects over the last 27 years. He recently shared his views on the opportunities ahead:

What’s on the minds of affordable housing developers today?

I think many developers are concerned about the continued pressure on state and federal budgets for housing. Although we have had some recent good news out of Washington on the housing budget front, developers must be diligent in order to preserve rental subsidies and other federal housing programs. Many are concerned with continuing increases in construction pricing and shortages in the skilled trades...................Read More

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